449 Preston Street

4502 - West Centre Town, Dows Lake - Civic Hospital and Area, K1S 4N5

$950,000

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Listed 106 days ago · MLS® X13529292

About this home

Prime Location on Preston Street one block from Claridge's ICON Building, Soho Italia Building and very close to Dow's Lake LRT Station and future Ottawa Hospital. Commercial/Residential building. Restaurant on ground floor + 1 bedroom apartment above. Approx. 1600 sq ft including finished basement. NOI: approx. $57k/annum. Potential future development while earning income from existing tenants. Ideal as an investment property.

Details

Type
Store W Apt/Office
Lot
25 × 75 ft
Garage
None
Property tax
$14,300 (2025)
Neighbourhood
4502 - West Centre Town
Municipality
Dows Lake - Civic Hospital and Area

Heating, cooling and services

Heating
Baseboard
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
1,600 Square Feet

More

Possession
TBD
Cross street
Preston St & Adeline St

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

  • 🚇 Dow's Lake / Lac Dow LRT3 min walk
  • 🚇 Corso Italia LRT11 min walk

Within a 10-minute walk: no grocery stores, 57 cafés and restaurants, 9 parks, 4 pharmacies. Nearest park: McCann Park (100 m).

Schools nearby

Elementary

  • École élémentaire publique Louise Arbour French
    EQAO: Gr 6 reading 94%, math 70%
    9 min walk
  • Heritage Academy Private9 min walk
  • St. Anthony School Catholic
    EQAO: Gr 6 reading 70%
    13 min walk
  • Cambridge St Community Public School
    EQAO: Gr 6 reading 77%, math 23%
    16 min walk

Secondary

  • Adult High School Preschool Program
    EQAO: Gr 9 math 21%
    9 min walk
  • Adult High School
    EQAO: Gr 9 math 21%
    10 min walk
  • Family Reception Centre10 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1S

Owners / renters
51% / 49%
Median household income
$106,000
Average age
41
Children under 15
12%
Homes
30% detached, 28% high-rise
Commute by transit
13%
Population
31,257

Languages spoken most at home besides English: Mandarin 1.6%, Arabic 0.6%, Spanish 0.6%, Iranian Persian 0.4%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 3 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Highway 417450 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by SHAKER REALTY LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.